AMAZON

Elon Musk close to surpassing Bezos as world’s richest person

Musk’s net worth was $184.5 billion at 11:40am in New York, just shy of Bezos, who has held the top spot since October 2017.

Apple hits record after December surge sends it past Amazon

Wall Street has grown increasingly bullish on Apple’s prospects in the coming year with analysts projecting that a recovering economy will ...

Stock-picking hedge funds land investors double-digit gains in 2020

Hedge funds, which aim to protect assets in market downturns and have faced criticism for many years for high fees and lacklustre returns, ...

Amazon to face U.S. union push in year ahead

A major test is expected early next year when workers at one warehouse decide whether to unionize. The company has not faced a union electi...

Musk adds $9 billion to fortune as Tesla set to join S&P 500

A late jump in Tesla’s share price pushed Musk’s net worth up almost $9 billion to $167.3 billion, according to the Bloomberg Billionaires ...

Google hit with third lawsuit as U.S. states sue over search monopoly

The states are asking for their lawsuit to be consolidated with one filed by the Justice Department in October, according to a statement fr...

Apple TV+ to be available on Google Chromecast next year

Last year, Apple made the TV app available on Amazon's Fire TV devices.

Mackenzie Scott donates over $4 bn in last 4 months toward relief funds, food banks

In July, Scott had donated $1.7 bn in the past year to various causes.

US states accuse Google of abusing its power, mulling antitrust suit: Report

Amazon, TripAdvisor, Yelp and other internet firms that involve recommending products or services have complained that Google favors its ow...

In the midst of Reliance takeover, Future Group sees long-term senior executives quit

In August, Reliance announced that it would acquire the nation’s second largest retail enterprise, Future Group, for Rs 24,713 crore in a d...

Walmart axes $35 delivery minimum on website purchases for membership program

Walmart Plus, touted as a rival to Amazon.com Inc's Prime subscription service, was launched just over two months ago aiming to attract new...

Amazon says sellers racked up $4.8 billion in global sales from Black Friday to Cyber Monday

More than 71,000 small- and medium-sized businesses worldwide have surpassed $100,000 in sales this holiday season to date.

Why Amazon is feuding with a partner and billionaire Mukesh Ambani

While Amazon, Future and Reliance await a verdict, the legal wrangling is threatening to unravel India’s biggest retail acquisition. But wh...

Mukesh Ambani takes on Amazon in India's $200 billion market

Reliance group’s JioMart – which only started this year and is still in the beta phase – has had delivery snafus and refund delays, and som...

Abu Dhabi's Mubadala in advanced talks to invest up to $1 billion in Reliance Retail

While one source said Mubadala "is ready with" $1 billion for Reliance Retail and doing due diligence, a second source said the talks were ...

Indian government’s version of Amazon.com helps it save $1 billion

The Government e-Marketplace is also being used to keep Chinese companies away from government contracts after tensions between the neighbo...

Amazon India’s Manish Tiwary to get a bigger role, to head seller services

“Gopal Pillai, vice-president, seller services, who relocated to India from Seattle in 2015 will be returning to the US ... Manish Tiwary, ...